Provided are a level shifter and a digital to analog converter, which can make a minimum value of an output voltage be greater than 0. In the circuit, sources of a first field effect transistor and a second field effect transistor are connected to a first direct current power supply; a drain of the first field effect transistor and a gate of the second field effect transistor are connected to one terminal of a first capacitor; a connecting end formed after the other terminal of the first capacitor is connected to an input end of a phase inverter is used as a digital signal input end; a gate of the first field effect transistor, a drain of the second field effect transistor, a source of a third field effect transistor, and a source of a fifth field effect transistor are connected to one terminal of a second capacitor.